Companies perceive an Endur upgrade as a compelling opportunity to consolidate numerous fragmented systems, spreadsheets, and customized solutions into their existing Endur platform. The objective is to minimize the IT footprint and extend the time until the next upgrade requirement. Endur upgrades are particularly relevant in business scenarios such as mergers and acquisitions, market expansions, and the inclusion of new asset classes.

Many companies have contractual obligations to transition to a newer version of Endur once the GA period of their current version has ended. Failure to comply with these contractual terms may result in the imposition of maintenance fees or penalties. The usual tenor is two years maintenance window from OLF.

Adherence to IT governance and cybersecurity best practices compels numerous clients to prioritize the regular upgrading of their mission-critical software, including Endur, to the latest versions. This proactive approach helps mitigate the risk of potential exploits, vulnerabilities, and outdated loopholes, ensuring a robust and secure system environment.

Within commodity markets, significant advancements are observed across various classes, including advanced analytics, rapid time to market, regulatory technologies, increased trading volume, and enhanced integration capabilities. These advancements necessitate that companies stay at the forefront of cutting-edge technology stacks, which are typically delivered through upgraded versions of Endur. By embracing these upgraded versions, clients can leverage the latest features and functionalities, ensuring they remain competitive and aligned with industry trends.

Upon evaluating their system architecture, clients often discover the presence of non-compliant, out-of-support, or vulnerable components. Addressing the need to upgrade these components subsequently triggers a knock-on demand, prompting a demand to upgrade the Endur platform itself in order to leverage the enhanced capabilities of these upgraded components.

While upgrading Endur may initially seem costly, the reality is that older versions of Endur tend to have more issues, resulting in higher costs. The expenses associated with business disruptions caused by an unstable Endur can rapidly escalate. Investing in an Endur upgrade can effectively mitigate these costs and minimize the potential disruptions to the business.

Upon revisiting past events, it becomes apparent how a CVE 10 score vulnerability on Log4J (CVE-2021-44228) can wreak havoc, causing disruptions and necessitating IT teams to seek alternative solutions for critical JAR dependencies in Endur. Such technological risks, coupled with associated business risks like data theft, fraud, and exposure of trading strategies, can be effectively mitigated by opting for an Endur upgrade. By choosing to upgrade, organizations can proactively address these risks and safeguard their systems and sensitive information.